Elderly couple sitting at a table discussing finances. Source: Shutterstock.

South Carolina now has a law that gives financial service firms and securities regulators in the state new tools to find and prevent the financial exploitation of vulnerable adults, according to LPL Financial, which says it recently "worked closely with South Carolina Attorney General Alan Wilson to see the bill enacted."  

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Janet Levaux

Janet Levaux, MA/MBA, is Editor in Chief of ThinkAdvisor & Investment Advisor. She's covered the financial markets since 1991 and advisors since 2005. Janet studied at Yale, Johns Hopkins SAIS and St. Mary's College of California. She's also lived and worked in Asia, Europe and Latin America, raised two sons, and won a Neal Award for top news coverage in 2020.